Tea Market by Product Type (Fruit/Herbal Tea, Black Tea, Green Tea, Instant Tea, and Others), By Packaging (Loose Tea, Tea Bags, Aluminum Tin, Plastic Containers, and Paper Boards), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, and Others), and Geography  

Purchase Option

$ 4400
$ 6600
$ 8900

Tea Market size was valued at USD 20 billion in 2022 and is projected to reach USD 26.6 billion by 2029 growing at a CAGR of 4.90% from 2023 to 2029. Tea is an aromatic beverage that is usually prepared by infusing the dried crushed leaves of the tea plant in boiling water. Various types of tea available in various tastes and flavors. It is one of the most frequently consumed beverages all across the world. It has flavonoids, antioxidants, and phytochemicals, which enhance the functioning of human body. Tea manufacturers have been able to introduce premium and health-oriented goods as consumers' disposable incomes have increased. They've begun incorporating a variety of healthy ingredients into their organic tea blends in order to address some of the most frequent health issues, such as diabetes, beauty, obesity, and heart health. As a result, a shift toward the consumption of organic tea is a growing trend that is positively impacting the tea market growth. Tea is a low-cost beverage that is enjoyed by people of all socioeconomic backgrounds. Tea's popularity in developing countries such as India and China has been boosted by the fact that it is affordable to the general public, with the majority of people belonging to low-income groups. Tea's out-of-home industry has been growing in recent years, with a slew of tea lounges springing up all over the world. These lounges provide customers with a range of chosen teas from various areas, among other things.

Tea Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.9%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Tea Market Dynamics

Increase in the consumer-base is the major factor influencing the growth of the market. Growing awareness among the people regarding the health benefits associated with the consumption of tea is anticipated to drive the growth of the market. The introduction of various flavors such as mint flavor, chocolate flavor, lemon flavor etc. is attributed for the growth of the market. The advent of instant or ready-to-drink tea, which is adding fuel for the growth of the market. However, the high cost of the raw materials and increasing cost of the agriculture inputs may hinder the growth of the market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Tea Market Segmentation

By Product Type
  • Fruit/Herbal Tea
  • Black Tea
  • Green Tea
  • Instant Tea
  • Others
By Packaging
  • Loose Tea
  • Tea Bags
  • Aluminum Tin
  • Plastic Containers
  • Paper Boards
By Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Frequently Asked Questions

The tea market size was valued at USD 20 billion in 2022

The tea market key players are: Nestl S.A (Switzerland) The Republic of Tea (U.S) DavidsTea (Canada) Akbar Brothers Ltd (Sri Lanka) Associated British Foods (UK) Unilever (Netherlands) Starbucks Corporation (US) WISSOTZKY TEA (Russia)

The tea market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The tea market size was valued at USD 20 billion in 2022

The tea market key players are: Nestl S.A (Switzerland) The Republic of Tea (U.S) DavidsTea (Canada) Akbar Brothers Ltd (Sri Lanka) Associated British Foods (UK) Unilever (Netherlands) Starbucks Corporation (US) WISSOTZKY TEA (Russia)

The tea market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

  1. Executive Summary
  2. Global Tea Market Introduction
    • Global Tea Market Taxonomy
    • Global Tea Market Definitions
      • Product Type
      • Packaging
      • Distribution Channel
  1. Global Tea Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Tea Market Dynamic Factors - Impact Analysis
    • Global Tea Market Competition Landscape
    • Epidemiology
  2. Global Tea Market Analysis,2018 - 2022 and Forecast, 2023 -  2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Tea Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Fruit/Herbal Tea
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Black Tea
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Green Tea
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Instant Tea
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Tea Market Forecast, By Packaging,2018 - 2022 and Forecast, 2020 2029
    • Loose Tea
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Tea Bags
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Aluminum Tin
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plastic Containers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Paper Boards
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Tea Market Forecast, By Distribution Channel, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Supermarkets/Hypermarkets
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Convenience Stores
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Online Stores
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Tea Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Region, 2020 2029
  2. North America Tea MarketAnalysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fruit/Herbal Tea
      • Black Tea
      • Green Tea
      • Instant Tea
      • Others
    • Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Loose Tea
      • Tea Bags
      • Aluminum Tin
      • Plastic Containers
      • Paper Boards
    • Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Online Stores
      • Others
    • Country Analysis 2016 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Country, 2020 2029
    • North America Tea Market Dynamics Trends
  3. Europe Tea Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fruit/Herbal Tea
      • Black Tea
      • Green Tea
      • Instant Tea
      • Others
    • Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Loose Tea
      • Tea Bags
      • Aluminum Tin
      • Plastic Containers
      • Paper Boards
    • Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Online Stores
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Country,2020 2029
    • Europe Tea Market Dynamics Trends
  4. Asia-Pacific Tea Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fruit/Herbal Tea
      • Black Tea
      • Green Tea
      • Instant Tea
      • Others
    • Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Loose Tea
      • Tea Bags
      • Aluminum Tin
      • Plastic Containers
      • Paper Boards
    • Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Online Stores
      • Others
    • Country Analysis2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Country,2020 2029
    • Asia-Pacific Tea Market Dynamics Trends
  5. Latin America Tea Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fruit/Herbal Tea
      • Black Tea
      • Green Tea
      • Instant Tea
      • Others
    • Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Loose Tea
      • Tea Bags
      • Aluminum Tin
      • Plastic Containers
      • Paper Boards
    • Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Online Stores
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Country,2020 2029
    • Latin America Tea Market Dynamics Trends
  6. Middle East and Africa Tea Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fruit/Herbal Tea
      • Black Tea
      • Green Tea
      • Instant Tea
      • Others
    • Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Loose Tea
      • Tea Bags
      • Aluminum Tin
      • Plastic Containers
      • Paper Boards
    • Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Online Stores
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Tea Market - Opportunity Analysis Index, By Product Type, By Packaging, By Distribution Channel and Country,2020 2029
    • MEA Tea Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Nestlé S.A (Switzerland)
      • The Republic of Tea (U.S)
      • DavidsTea (Canada)
      • Akbar Brothers Ltd (Sri Lanka)
      • Associated British Foods (UK)
      • Unilever (Netherlands)
      • Starbucks Corporation (US)
      • WISSOTZKY TEA (Russia)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Nestl S.A (Switzerland)
  • The Republic of Tea (U.S)
  • DavidsTea (Canada)
  • Akbar Brothers Ltd (Sri Lanka)
  • Associated British Foods (UK)
  • Unilever (Netherlands)
  • Starbucks Corporation (US)
  • WISSOTZKY TEA (Russia)

Adjacent Markets